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‘Hot money’, mainly from US, continued to leave PH in November

Inquirer Breaking News - Thu, 12/19/2019 - 17:11
Transactions on central bank-registered foreign portfolio investments for November 2019 yielded net outflow of $345 million as a result of the$1.5 billion outflow and $1.2 billion inflow for the month, the Bangko Sentral ng Pilipinas (BSP) said on Thursday (Dec. 19).   This was in contrast to the net inflow noted in October 2019 of $105 million, the BSP said in a statement.   The $1.2 billion registered investments reflected a 4.5 percent decreasefrom the $1.3 billion figure in October.   Short-term "hot money" inflow remained in the red with a net total of $1.57 billion leaving the Philippine economy in the first 11 months of 2019 compared to $925 millio...

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Gov’t to again try selling 20 percent stake in tollway firm owned by MVP

Inquirer Breaking News - Thu, 12/19/2019 - 17:10
The government will again try to dispose of its minority stake in Tollways Management Corp. (TMC), owned by tycoon Manny V. Pangilinan, early in 2020 after failing to do so this year. The Privatization and Management Office (PMO), an agency attached to the Department of Finance (DOF), invited offers for the negotiated sale of 76,000 common shares, or 20 percent, of the government's stake in TMC. The minimum base price is still P2.578 billion as approved by the Privatization Council when the shares were offered from March to April this year. Gerard L. Chan, chief privatization officer, had said "no bidder showed up" at the previous offer. Prospective buyers have between Jan. 2...

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2019's best red carpet moments

CNN Top Stories - Thu, 12/19/2019 - 17:07
If the red carpet is a litmus test of prevailing moods in show business, then 2019's showed an industry more at ease with itself after a period of scandal, disgrace and introspection.
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Ingram leads Pelicans past Wolves to snap 13-game skid

Inquirer Breaking News - Thu, 12/19/2019 - 17:07
MINNEAPOLIS--- New Orleans coach Alvin Gentry let out a sigh of relief after being asked the first question in his postgame news conference. Gentry and the Pelicans could finally enjoy discussing a game. Brandon Ingram scored 34 points and New Orleans snapped its 13-game losing streak with a 107-99 win against the short-handed Minnesota Timberwolves on Wednesday night. Jrue Holiday had 18 points and Lonzo Ball added 10 points, six rebounds and six assists off the bench for the Pelicans, who were coming off a 108-101 overtime loss at home to Brooklyn a night earlier. "We were tired, but I thought we just kind of grinded it out," Gentry said. "We talked about playing blue-coll...

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Confessed serial killer says he killed this woman. Authorities hope the public knows who she is

CNN Top Stories - Thu, 12/19/2019 - 17:00
Samuel Little has been drawing sketches of the dozens of the women he confessed to killing over several decades. Authorities in Mississippi are now asking for the public's help identifying two of the women he says he killed after picking them up in the Gulfport area.
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Duterte still open to peace talks despite ‘crush’ order vs NPA

Inquirer Breaking News - Thu, 12/19/2019 - 16:53
MANILA, Philippines --- President Rodrigo Duterte is not closing his doors for the possible resumption of peace talks with the Communist Party of the Philippines (CPP) even if he had just ordered state forces to "crush" members of its armed wing, the New People's Army (NPA), Malacaang said Thursday.   "The President, as we always hear him, he always leaves a space, the window ajar for any peace negotiation with them," presidential spokesperson Salvador Panelo said in a Palace briefing.   On Tuesday, Duterte ordered the Armed Forces of the Philippines to crush the communist rebels.   "[H]e will not allow the attacks, the assaults against our forces. That i...

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Teacher, boy dead after train hits van in Camarines Sur

Inquirer Breaking News - Thu, 12/19/2019 - 16:50
LEGAZPI CITY ---- A teacher and a 12-year-old boy died while 15 other passengers were injured when a Philippine National Railway (PNR) commuter train hit the passenger van they were riding on at a railroad crossing in Libmanan town in Camarines Sur province on Thursday morning. Staff Sergeant Emy Rose Organis, Libmanan police spokesperson, said public school teacher Glenda Rabago and Grade 6 pupil Jaime Victor, both from Sipocot town, died in the accident that happened in Barangay Camambugan at 11:50 a.m. Organis, in a phone interview, said the Naga City-bound van driven by Danilo Diokno was crossing a railroad in the said village when a commuter train bound for Sipocot rammed the ...

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Defiant Indians protest nationwide against citizenship law

Inquirer Breaking News - Thu, 12/19/2019 - 16:47
NEW DELHI -- Indians defied bans on assembly Thursday in cities nationwide as anger swells against a citizenship law seen as discriminatory against Muslims, following days of protests, clashes and riots that have left six dead. Two major Indian telecom firms also said Thursday that they have cut mobile services in parts of New Delhi on government orders. The new law eases citizenship rules for people fleeing persecution from three neighbouring countries, but excludes Muslims, stoking accusations that Prime Minister Narendra Modi wants to reshape India as a Hindu nation and creating unease abroad. Following days of protests that have seen four people shot dead, dozens injured...

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US Embassy closed on Dec. 24, 25

Inquirer Breaking News - Thu, 12/19/2019 - 16:47
MANILA, Philippines --- The US Embassy in Manila will be closed on December 24 and 25 in observance of Christmas. In an advisory on Thursday, the embassy said its office along Roxas Boulevard and its affiliated offices will be closed to the public on the aforementioned dates. The US Embassy and its affiliated offices will resume services on December 26.  ...

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In photos: Protesters rally against India's citizenship bill

CNN Top Stories - Thu, 12/19/2019 - 16:44
Deadly protests have broken out in cities across India after the government officially approved the Citizenship Amendment Bill, or CAB. The new law could give Indian citizenship to immigrants from three neighboring countries — but not if they are Muslim.
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China exempts more US goods from tariffs after trade deal

Inquirer Breaking News - Thu, 12/19/2019 - 16:36
BEIJING -- China announced Thursday a list of US chemicals that will be exempted from import tariffs, just under a week after Beijing and Washington agreed a trade agreement that a dialled down tensions between the two. The world's biggest economies have exchanged blows for more than a year, on Friday announced a mini-agreement to reduce some levies in a bruising trade war that has dragged on global growth. Beijing released a list Thursday of products that will no longer be subject to the tariffs, including certain types of industrial glue and adhesives, industrial polymers and types of paraffin, which can be found in cosmetics and food. The exemptions will come into force from ...

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Miami snaps 76ers’ 14-game home winning streak

Inquirer Breaking News - Thu, 12/19/2019 - 16:36
PHILADELPHIA--- Perfect home record at stake, a game down to the wire, and the Philadelphia 76ers sure could have used Jimmy Butler in the clutch, just like he was for them so many times last season. The Heat were glad to have the All-Star on their side -- and Butler did enough to help spoil the Sixers' perfect home record. Kendrick Nunn scored 26 points and Bam Adebayo had 23 to help the Miami Heat hand the 76ers their first home loss of the season, 108-104 on Wednesday night. Butler and the Heat won their 20th game, and perhaps proved they're more than a one-man show. "This is a team of one star?" Butler asked incredulously. "Who's our star, Bam? I'll take it. I'll take...

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Boxer Adrien Broner hit with $830K judgment in sex assault claim

Inquirer Breaking News - Thu, 12/19/2019 - 16:27
  CLEVELAND --- An Ohio judge awarded $830,000 to a woman who claimed former boxing champion Adrien "The Problem" Broner sexually assaulted her at a Cleveland nightclub. The default judgement was delivered Tuesday after Broner failed to defend himself in the lawsuit. The Cincinnati native was accused in the lawsuit and a criminal case of pinning a woman he didn't know on a couch in June 2018 and kissing her against her will as she struggled to free herself. The lawsuit said one of Broner's friends pulled him off the woman after someone took a photo of the assault. Broner, 30, was originally charged with sexual imposition in Cuyahoga County. He pleaded guilty in April...

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Australia beats hottest day record by full degree

Inquirer Breaking News - Thu, 12/19/2019 - 16:23
SYDNEY -- Australia set a record for its hottest day ever for a second straight day, with an average national maximum temperature of 41.9 degrees Celsius (107.4 Fahrenheit), a full degree higher than the previous mark, officials said Thursday. The Bureau of Meteorology said the new nationally averaged maximum was reached Wednesday, topping the 40.9 degrees hit Tuesday, which beat the previous record of 40.3 C in January 2013. As the heatwave continued, Thursday saw the highest December temperature ever reached in Australia when the West Australian town of Eucla hit 49.8 degrees celsius (121.6 Fahrenheit). The previous hottest December day was 49.5 degrees celsius in Birdsvil...

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Latest Tokyo Olympic ticket lottery: 1M offered; 23M sought

Inquirer Breaking News - Thu, 12/19/2019 - 16:23
TOKYO --- Tokyo's Olympic tickets continue to be very hard to find --- particularly in Japan. Organizers on Wednesday said there were 23 million tickets requested in the latest lottery for Japan residents only. The bad news is that only 1 million tickets were available. Which means that almost everybody went away empty handed. Next summer's Olympics have generated unprecedented demand. Organizers said 3.57 million tickets had been awarded to Japan residents in previous lotteries. Organizers confirmed for the first time the demand was almost 20 times over supply --- about 60 million tickets requested. And now Japan residents are running out of chances. The next ticket offe...

Keep on reading: Latest Tokyo Olympic ticket lottery: 1M offered; 23M sought
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Chinese ambassador says Xinjiang 'trainees' have graduated in rare press conference

CNN Top Stories - Thu, 12/19/2019 - 16:20
China's ambassador to Australia has defended Beijing against accusations of human rights violations in a rare press conference Thursday, saying allegations that one million people had been detained in Xinjiang were "fake news."
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‘Hustisya!’: Guilty verdict of Ampatuans for Maguindanao massacre lauded by celebs

Inquirer Breaking News - Thu, 12/19/2019 - 16:20
After ten years, a guilty verdict has been laid for those behind the Maguindanao massacre, a gruesome incident that claimed the lives of 57 people. Andal Ampatuan Jr., his brothers and other relatives were meted with the penalty of reclusion perpetua or up to 40 years of imprisonment without parole. READ: Andal Ampatuan Jr., kin guilty for Maguindanao massacre of 57 people Among the victims were 32 journalists, making the incident the worst single attack against reporters and media workers. Celebrities joined Filipinos online in hailing the verdict made against the Ampatuans at the Quezon City Regional Trial Court today, Dec. 19. Many sympathized with the victims and thei...

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Giannis, Bucks visit prison with Laker showdown looming

Inquirer Breaking News - Thu, 12/19/2019 - 16:19
STURTEVANT, Wis. --- Giannis Antetokounmpo and the Milwaukee Bucks chose to recover from the end of their 18-game winning streak at a medium-security Wisconsin state prison. Two days before an anticipated showdown with the Los Angeles Lakers, the team was scheduled for a "player individual day" Tuesday --- usually used for individuals to get extra training or medical treatment. Instead, the players opted to hear stories from inmates at the Racine Correctional Institution. "I wasn't seeing guys that made mistakes," Antetokounmpo said. "I was just seeing humans, humans that were laughing, that were trying hard, humans that shared their stories. That really touched me and I realiz...

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FULL TEXT: The decision on the Maguindanao Massacre case

Inquirer Breaking News - Thu, 12/19/2019 - 16:16
Here's the complete copy of the consolidated partial decision rendered by Branch 221 of the Quezon City Regional Trial Court on the Maguindanao Massacre case which happened in 2009....

Keep on reading: FULL TEXT: The decision on the Maguindanao Massacre case
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Tokyo Olympics: Preparing for everything including a quake

Inquirer Breaking News - Thu, 12/19/2019 - 16:14
TOKYO --- Tokyo Olympic organizers and government officials are preparing for everything, including an earthquake taking place during next year's games. They ran a simulation disaster drill on Thursday at the new Ariake venue that will be the site for gymnastics during the Olympics. The drill presumed a 7.3-magnitude earthquake in neighboring Tokyo Bay. Just over 100 firefighters, police, and Japan Self-Defense Force personnel took part. Japan is hit regularly by earthquakes and takes preparedness seriously. The threat of quakes and the summer Tokyo heat are the major worries as organizers prepare to open the Olympics on July 24, 2020. "I think we were able to achieve our pr...

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